John Lewis issues £50m retail bond March 6, 2011 THE John Lewis Partnership has issued a retail bond for its cardholders and Partners in a bid to raise £50m of funds by April. Customers who hold either the Partnership or Account cards, as well as current Partners in the employee-owned firm, can invest lump sums of between £1,000 and £10,000 into the John Lewis [...]
John Lewis issues £50m retail bond March 6, 2011 THE John Lewis Partnership has issued a retail bond for its cardholders and Partners in a bid to raise £50m of funds by April. Customers who hold either the Partnership or Account cards, as well as current Partners in the employee-owned firm, can invest lump sums of between £1,000 and £10,000 into the John Lewis [...]
Why it’s time to ditch the term Cyber Monday November 27, 2011 Today is Cyber Monday, which means at some point this evening we will all finally be subsumed into the greater consciousness of the net. Don’t panic, life will be better there. There won’t be any nasty “personalities” or “individuals” or “things,” just an infinite loop of the John Lewis advert playing over the surface of [...]
CITY MOVES | WHO’S SWITCHING JOBS October 2, 2011 Baker & McKenzie Gavin Bushell, formerly of Freshfields Bruckhaus Deringer, has been appointed as a partner in the law firm’s European & Competition Law Practice, based in Brussels. Bushell specialises in EU competition and state aid law, Euratom Treaty law, aviation law and regulation, and litigation before the European Courts in Luxembourg. He was recently [...]
John Lewis sales stall again February 18, 2011 John Lewis JLP.UL posted a fourth consecutive week of lacklustre sales, adding to evidence consumers are cutting back on spending in the face of macro economic headwinds. The employee-owned group, which has been outperforming the broader retail sector for over a year, said on Friday sales at its department stores increased 1.4 per cent to [...]
John Lewis profit up 20pc – but warns of tough 2011 March 9, 2011 Retailer John Lewis said it would pay over 73,000 staff, known as partners, a bonus of 18 per cent of salary as it posted a 20 per cent rise in year profit after winning market share from rivals. But the 147-year-old employee-owned group, which owns 28 department stores, four John Lewis “at home” stores, 244 [...]
WHO’S SWITCHING JOBS May 16, 2012 Brooks Macdonald The private client investment manager has announced the appointment of Justin Woolf to its intermediary sales team. He joins as an intermediary sales manager from Zurich Intermediary Group, where he was a senior broker consultant. Woolf has over 15 years’ experience in the financial services industry. Thomas Miller Investment The investment management firm [...]
WHO’S SWITCHING JOBS May 16, 2012 Brooks Macdonald The private client investment manager has announced the appointment of Justin Woolf to its intermediary sales team. He joins as an intermediary sales manager from Zurich Intermediary Group, where he was a senior broker consultant. Woolf has over 15 years’ experience in the financial services industry. Thomas Miller Investment The investment management firm [...]
Police watchdog slams links to News Corp as lawsuits reach US April 12, 2012 SENIOR London police staff linked to the News Corp phone hacking scandal showed poor judgement, took bad decisions and got too close to journalists working for Rupert Murdoch’s newspapers, an independent watchdog said yesterday. While the Independent Police Complaints Commission (IPCC) rejected allegations of corruption involving two of the top personnel at the Metropolitan Police [...]
John Lewis in sharp sales rise January 21, 2011 Sales growth at department store chain John Lewis slowed dramatically last week as consumers tightened their belts after spending freely in the post-Christmas sales. The employee-owned retailer, which also runs upmarket grocery chain Waitrose, said on Friday department store sales increased 4.1 per cent to £55.8m in the week to January 15. Sales in the [...]